Plans are well underway in Myanmar for a new bridge connecting Thanlyin and Yangon. The project is expected to be complete by 2022 and is expected to cost US$302 million. The link will be tolled and will carry an estimated 5,000 vehicles/day when it opens to traffic. A loan facility from Japan is expected to pay for the majority of the project. An international contractor will carry out the main portion of the project, although sub-contracting will be carried out by local firms.
Myanmar bridge project moving forward
Plans are well underway in Myanmar for a new bridge connecting Thanlyin and Yangon. The project is expected to be complete by 2022 and is expected to cost US$302 million. The link will be tolled and will carry an estimated 5,000 vehicles/day when it opens to traffic. A loan facility from Japan is expected to pay for the majority of the project. An international contractor will carry out the main portion of the project, although sub-contracting will be carried out by local firms.
Finance & Funding / December 12, 2016